look news india
New Delhi, 19 November (HS). Delhi High Court has refused to stay the proceedings going on in the trial court in the money laundering case related to former Delhi government minister Satyendar Jain. The High Court has issued a notice to ED on the petition of Satyendar Jain. The court ordered the next hearing of the case on December 10.
During the hearing, Satyendra Jain’s lawyer said that if we do not have the documents then how will we argue on framing of charges. Satyendra Jain has filed a petition in the High Court demanding a stay on the ongoing hearing on framing of charges against him in the money laundering case. Jain has said in his petition that ED’s investigation in the case is still going on and ED is still refusing to give us many documents. In such a situation the trial should be stopped.
It is noteworthy that on October 18, Rouse Avenue Court had granted regular bail to Satyendra Jain. Rouse Avenue Court had said that Satyendar Jain has been in jail for a long time and there is no possibility of trial starting soon in this case. In such a situation, he is entitled to bail. Jain is accused of creating fake companies in 2009-10 and 2010-11. These companies include Akinchan Developers Private Limited, Indo Metal Impex Private Limited, Prayas Info Solutions Private Limited, Mangalayatan Projects Private Limited.
Apart from Satyendra Jain, those who have been made accused by ED in this case include his wife Poonam Jain, Ajit Prasad Jain, Sunil Kumar Jain, Vaibhav Jain, Ankush Jain, M/s Akinchan Developers Pvt. Ltd., M/s Prayas Info Solutions Pvt. Ltd., Mangalayatan Projects Pvt. Ltd. and JJ Ideal Estate Pvt. Ltd. ED had arrested Satyendra Jain on 30 May 2022.